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Kraken

Ethereum Tumbles AGAIN!! Another 52% to go!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY KRAKEN:ETHUSD is on a heavy spiral down KRAKEN:ETHUSD is down by more than 91% this year!!. We are looking for another significant drop to the @53 level, thats another 52% wow! There is really no support line so watch is dive quickly!! From my experience stay on the sidelines or short sell!! Follow your Trading plan, remained disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only! Update idea
BITFINEX:ETHUSDShort
by SMPTrader
Bitcoin Market Q4Kraken chart. Analysis: Expect bearish trend to be stopped and a trend reversal to begin within the 4900-4000, with these levels holding many demand and buy zones. However, use stop losses tightly, as a potential drop to 3700 (the start of the bullish trend in 2017) is part of the chart analysis. Fundamentals including macros and micros include recent BCH fork manipulation that adds to bearish trend as well as the market cap of under $100bn. Cyclical indicators such as growth rate seems to be drawing to a close, perhaps into a reset, with a drop of 70% leading into a steady 100-200% increase as Bitcoin has performed in the past. Futures market seems to bottom out at 4800, although there appears to be plenty of buyers on books as well as in $mm trading range with options at LedgerX, and even volatility has had an increase since last month. Meanwhile, Technical Analysis shows a more bearish signal. 50/200 EMAs: Shows a steady Bear Trend RSI: is grossly oversold NVT: Bearish for the next 2 weeks ATR: low volatility and price settling BUT.. sometimes that means consolidation is strong and may indicate an explosive Bullish move... AND our Fib lines (we use zones) : has price dropping into the final Demand Zone. Overall, it would have to be an explosive catalyst for the trend to become an overall Bullish Trend. We still sit in a bearish momentum, or at the bottom of a sideways market. Sentiment is also bearish with alot of panic selling. IN the US, SEC regulatory climate may be creating more 'fear' in retail trader action, as well as the possible ETF denial or postponement. While the overall landscape of crypto markets are down, some have moved the Alts prices, contributing to the bearish sentiment for BTC. Data: Demand Levels: 4700-4900 & 3861-4000 with old institutional buying levels of 4800-4900. The support line which is the start of bubble from 2017, has now come to be the "Bottom" of: 4220 A 'worst case' is the Floor at: 3017 And finally, the Mean Average price prior to the Bubble: 1700 - this would be when all else fails and if crypto dies. Long Term Q4-Q1 is bullish with strong Buy Levels at 4750-4920 & Top trend/target at 9600k with Stop loss at 4715 Short Term into Dec: Bearish momentum moving into strong Buy Levels 4790-4885 & Top trend/target 6300-6800; stop loss 4705 Feel free to add contribute to this data at any time. About me: I'm an equities trader (ETF & Vix) for asset mgt, forex trader for prop room, and crypto trader for myself. Been in crypto since Sept 2016. I contribute as a guest, to crypto market updates on the Crypto Cowboys channel on Youtube
KRAKEN:BTCUSDLong
by EdProTrader
[XTZBTC] Tezos Early Opportunity [260%+ PP]Tezos (XTZBTC) is now trading at its lowest price since inception. This is a project with huge potential which had one of the biggest ICOs ever. I am looking at it on HitBTC, since the chart is too young on BitFinex / Kraken (Trading View) .I will be describing a weekly chart: Tezos shredded all gains and went back to Oct/Nov. low price. This is an “early bird” call. This token/coin is very likely to be added to Binance for trading. Strong project, good long term potential. Tezos (XTZBTC) by Alan Masters Trades Buy in: Up to 0.000212 Targets for XTZBTC by Alan Masters: (1) 0.000247 (2) 0.000267 (3) 0.000317 (4) 0.000357 Stop loss: Close daily below 0.000178. Capital allocation: <10%. YOU HAVE COURAGE WITHIN YOU You have courage within you and much more. You have everything you need always. Remember that. Namaste.
Long
by MasterAnanda
7
12h finding weekly support before continuing down?I closed a month long short on eth at 196 for a cool 10% profit. Boy it was wild ride. I'm looking for a quick scalp before re-opening my short. I'm also watching the 200 ma on the 3d for bitcoin. It's flirting with it a bit and hasn't crossed under it on that time frame yet. If it does go under and close some larger time frames there then I am willing to bet it'll stay under it for a long time. I have some eth bids set below and am looking at 215-220 area to get out and short again. Margin positions also getting interesting. I'll post more charts in the comments. -Zzrott Come join us in the voice chat over at discord! discord.gg
BITFINEX:ETHUSDLong
by Zzrot
XRP/USDI'm not a crypto guy. I'm more of a probability-risk/reward type of fellow. But if cryptos will survive, XRPUSD is dirt cheap and has swung my favorite number. If you look at the beginning of this chart, price went sideways for half a year around this area. The whole question is, will it survive? if it does, then a low leverage long term position makes sense to me because pattern wise you stand to double your money. Keep in mind, there are probably still people holding this from much higher up waiting for it to come back. I don't necessarily think it will, but I could see either a more complex "B" wave or even a "C" wave at this point to keep people holding. Just saying, it's pretty cheap, something to consider, but I wouldn't bet the farm on it.
KRAKEN:XRPUSD
by thillygoosth
WOW HURRY!! Another great Bitcoin trade!Hi guys!! Hope everyone has been having a great trading week!! Let's get straight to Today's trade. Currently we are seeing some possible signs of reversing upwards on KRAKEN:XBTUSD due to it failing to make a lower low as shown in RED on the chart. If the resistance at $6600 is broken with clear momentum then we can possibly see a run back to the $7350 zone back from August 5th. Fundamentally the USD is suppose to be bullish but not in this case. You see at these lower levels any slight movements upward can cause CRYPTO traders to go in to a FEAR OF MISSING OUT also known as "FOMO". If a fail occurs we can see HUGE dips down to levels as low as $4860 so trade this VOLATILITY MONSTER with CAUTION . BUY LIMIT ORDER: $6610 TAKE PROFIT: $7350 STOP LOSS: $6380 HIGH PROBABILITY TRADE SET-UP!!! RISK MANAGEMENT IS MUST!!!!! AMAZING FOREX CALLS COMING OUT TONIGHT!! BE ON THE LOOKOUT.
KRAKEN:BTCUSDLong
by FxEarnings
Bitcoin low time frame, risky long playBtc has seen many consecutive down days before today and is currently at rsi support just above oversold on the daily. Bears are exiting shorts as you can see here on BTCUSDSHORTS. Last three big drops we had, short positions spiked to relative highs, bears were getting greedy but entered shorts at the lows and now its happening again only problem this time is that the bulls are weak. theres an enormous bearish triangle, we've been putting in lower highs for months and this bearish impulse isn't over yet. 5.8k was not the low and i am midterm still bearish. Nevertheless this bullish reaction happening here makes sense to me, its the perfect time as bearish sentiment is weakening and momentum is turning. We have consistently seen support at the 6ks and are seeing that play out now, I believe that the buying will be weak and major reistance lies ahead at 6600 and 7k, anything higher than 7.3k is doubtful for me. I would play this like this, accumulate longs now, small position not too much leverage and understand the risk and then put a stop around 6100s, target 7k and there you have it. I personally will not trade this even though i believe theres a high probability it happens but I will be shorting at 7k. We will break that low not a doubt in my mind. This trade however has a good risk reward and isn't that counter trend as we only made one impulse out of the 6k low we made and can expect at least one more push up. Might not happen but its a good trade and if you keep taking those you will win.
COINBASE:BTCUSDLong
by DCannEFYibal
ETC/BTC Short Hi everyone. ETC/BTC (ETC/XBT) has been pumping quite nicely these past couple of days. We are reaching a pretty strong confluence of resistance however, and I plan to attempt a short near the purple descending line. Some confluence to consider: -Fib line -Top of the daily cloud -Descending resistance trend line -Daily pivot Resistance 1 -Descending resistance on RSI We may have a little more room to run on the L-RSI in yellow below. Once it tops out with a green candle, I will be shorting. If we end up getting a higher high however, I will stop out. Aiming for the previous support area.
Short
by infbp22
BTC UpdateHi everyone! I've entered a long on BTC. I believe there is definitely a possibility of another leg down, but I dont want to miss the train and dont have much time tomorrow to watch it. We are approaching a major intersection here, especially the light blue ray i threw out a couple weeks ago. We are hoping that, and the previous trend resistance will act as support. I could see further retrace down to 7330 or so, maybe a wick down into the 7200s to shake out remaining weak hands. As long as we find some support here, we will validate the bullish divergence on the 12 hr chart as well.I will be looking to target at least the purple trend line, which I imagine will be around 8.8k when it gets there. I opened my lng at about 7536, so a close at 8.8k will make for a nice profit. Trade at your own risk! Uptrend has not been confirmed!
KRAKEN:BTCUSDLong
by infbp22
testing daily resistance -- bearish on bitcoin bitcoin is testing a long-term trendline that is currently serving as resistance. unless we have a daily close above 7.7k-ish, i'm bearish. i don't see us breaking $8k on this push-up. that is probably where we will reject. i will scale my short in up to that price. stop-loss will be placed slightly north of $8k. target price is around $6.9k. also of note: short/long ratio is hilariously out of proportion. it has gotten better since this morning, where there were almost twice as many longs as there were shorts, but we still are going to see a return to parity here soon enough. all signs are suggesting bearish, in my opinion.
BITMEX:BTCUSD.PShort
by KashifWasHere
1